Panama - Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Panama was 66,209,480,000 as of 2019. Over the past 29 years, the value for this indicator has fluctuated between 66,209,480,000 in 2019 and 16,184,410,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 16,184,410,000
1991 19,111,540,000
1992 20,602,520,000
1993 21,476,240,000
1994 20,918,520,000
1995 19,840,230,000
1996 20,126,950,000
1997 21,838,590,000
1998 25,883,830,000
1999 26,000,030,000
2000 25,965,720,000
2001 26,780,600,000
2002 28,636,960,000
2003 31,137,910,000
2004 32,485,100,000
2005 35,340,300,000
2006 37,070,390,000
2007 37,393,530,000
2008 39,285,360,000
2009 40,688,010,000
2010 43,487,010,000
2011 45,871,330,000
2012 47,580,480,000
2013 51,213,010,000
2014 55,043,860,000
2015 56,604,260,000
2016 60,605,490,000
2017 62,036,980,000
2018 64,036,690,000
2019 66,209,480,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity